Godrej Consumer Products Limited — Important, 24-01-2025: General Updates

The Nomination and Remuneration Committee of Godrej Consumer Products Limited approved the allotment of 117 equity shares under its Employees Stock Grant Scheme, 2011, at an exercise price of ₹1/- each. This decision brings the company's paid-up equity share capital to ₹1,02,30,07,964/- (Rupees One Hundred and Two Crore Thirty Lakh Seven Thousand Nine Hundred and Sixty-Four Only) across 1,02,30,07,964 equity shares. The allotment enhances employee equity participation, which could positively impact employee motivation and retention while strengthening the company's overall talent strategy. Investors may view this as a sign of commitment to fostering a motivated workforce, indicating a positive outlook for long-term performance.